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explain why a $100 billion increase in govermant purchases of goods and services will lead to a large increase in aggregate deamnd than a $100 billion decrease in taxes?
Business Economics, Economics
In a certain city is 18% of the people live below the poverty line. If 11 people are randomly selected, what is the probability that exactly 2 of them live below the poverty line? Leave your answer in decimal form.
Think about a good or service for which you believe there has been a shift in demand or supply. Explain the reasons behind the shift and how that has influenced the equilibrium price.
At Litchfield College of Nursing, 85% of incoming freshmen nursing students are female and 15% are male. Recent records indicate that 70% of the entering female students will graduate with a BSN degree, while 80% of the ...
Among 350 randomly selected drivers in the 16-18 age? bracket, 275 were in a car crash in the last year. If a driver in that age bracket is randomly? selected, what is the approximate probability that he or she will be i ...
Determine whether the given value is a statistic or a parameter. Thirty percent of all dog owners poop scoop after their dog
How has the value of the Euro changed, compared to other countries, over the past 10 years (since the Great Recession began)?
From a deontological ethical framework, construct an argument either in favour of a minimum wage or against it.
A researcher records the repair cost for 8 randomly selected washers. A sample mean of $?60.46 and standard deviation of $?18.36 are subsequently computed. Determine the 90% confidence interval for the mean repair cost f ...
There are 100 identical firms in a perfectly competitive industry. Market demand is given by -200P +8000. If each firm has a marginal cost curve, MC = .4 q + 4. What is the firm's supply curve ? What is market supply? Wh ...
The attractiveness of a country as a market or investment site depends on balancing the likely long-term benefits of doing business there, against the likely costs and risks. What do you consider are the determinants of ...
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Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate
Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p
Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As
Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int
Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As